Association of Chartered Certified Accountants (ACCA)
Member | Established: 1904 | Member since 1977
ACCA (the Association of Chartered Certified Accountants) is a global body for professional accountants with 188,000 members and 480,000 students in 178 countries. It was granted a Royal Charter in 1974 which commits it to acting in and upholding the public interest and it operates through a network of 100 offices and centers across the world. It holds recognition for statutory audit purposes in the UK, Ireland, Cyprus and Zimbabwe and for tax purposes in Australia and South Africa. In addition to IFAC membership, ACCA is represented on key regional forums including the ASEAN Federation of Accountants (AFA), the Confederation of Asian and Pacific Accountants (CAPA), the Federation of European Accountants (FEE), the Institute of Chartered Accountants of the Caribbean (ICAC), the Pan African Federation of Accountants (PAFA), and is a member of CCAB in the UK and Ireland. It undertakes wide-ranging capacity building work globally and has an extensive network of partnerships with other professional accountancy organizations.
Contact
The Adelphi1-11 John Adam Street
London WC2N 6AU
United Kingdom
Tel: 44-20/7059.5000
Fax: 44-20/7059.5734
andrew.steele@accaglobal.com
http://www.accaglobal.com
Statements of Membership Obligations (SMOs)
Last updated: 06/2016
We welcome feedback. Please email compliance@ifac.org
The Statements of Membership Obligations form the basis of the IFAC Member Compliance Program. They serve as a framework for credible and high-quality professional accountancy organizations focused on serving the public interest by adopting, or otherwise incorporating, and supporting implementation of international standards and maintaining adequate enforcement mechanisms to ensure the professional behavior of their individual members.
Status of Fulfillment
The ACCA, which shares responsibility for the quality assurance (QA) review system in the UK, has an established system for its members that fulfills the requirements of SMO 1. The association has long-standing policies...
The ACCA shares responsibility for initial and continuing professional education (IPD and CPD) for statutory auditors/accountants in the UK with the other Recognized Qualifying Bodies and the oversight body, the...
The ACCA has no direct responsibility for audit standard setting in the UK, but exerts its best endeavors to support the adoption of all pronouncements issued by the IAASB. The association lobbies the UK and EU to adopt...
The ACCA has direct responsibility for adopting ethical requirements for its members (shared responsibility for the profession in UK). The association incorporates, on an ongoing basis, the IESBA Code of Ethics—in its...
The ACCA supports the adoption and implementation process for strong public financial management in the UK, particularly through delivering qualifications for public sector professionals. The association lobbies the UK...
The ACCA maintains an investigative and disciplinary system for its members, firms, and affiliates that meets all SMO 6 (2012) requirements. In 2014, the association’s Professional Conduct Department was restructured...
The ACCA supports and promotes adoption and implementation of IFRS in the UK and in the EU. The association responds to IASB Exposure Drafts on new and revised pronouncements and solicits views from its members through...
Disclaimer
IFAC bears no responsibility for the information provided in the SMO Action Plans prepared by IFAC member organizations. Please see our full Disclaimer for additional information.